Threadguy explains why his gut says on-chain mania is starting right now and the timeline is wrong "My gut says we have a seriously real chance for mania to happen on-chain and it's starting now. The same spidey feeling that told me 8 months ago that we should openly FUD the living shit out of meme coins, and was pretty right about it, is telling me that things are optimistic right now and it's worth chasing some stuff because the risk reward is great." "The timeline is saying you absolute imbecile, how could you possibly think that this god forsaken place could ever have excitement again. But I think I lose money when I listen to the timeline. And most of the people that are really vocally bearish are only trading stocks now. They're only trading stocks."

Luca Netz on growing up poor but seeing how billionaires lived every summer "We grew up really poor but my dad was an ex-tennis pro who taught tennis to all the billionaires in the Hamptons. On the summers I'd go there and see these really rich guys, tens of billions of dollars. I'd sleep in a hundred million dollar house with nine people staffing it and I was like, this life is way better, I want this life." "Most poor kids don't get that. The duality of spending most of my life having nervous breakdowns from being incredibly poor, and then these little pockets of seeing peak living, that duality was the motivation. Closed mouths don't get fed."

Daumen explains why the YouTube crypto audience is nothing like crypto Twitter "It's night and day. On YouTube they welcome anything you say, they praise the content, they ask for more. Every comment is a new player, my refs are growing every single day even in the bear, and that's proof of product." "On X it's completely different. You post a $100k P&L and they go, nice farm, go fuck yourself. Two totally different audiences. And the YouTube ones actually believe in the coins, 100%."

Fred Wilson explains why he'll never take a public victory lap, even when Fomo is worth $20 billion "I'm never going to shout it from the rooftops. When Fomo goes public and it's worth $20 billion, I'm not going to be out there saying see, I told you. I'm going to say it privately to myself, sitting there sipping a beer with some friends, just knowing I was fucking right about Fomo. That feels so good to me. It doesn't need to be a public thing at all, it just needs to be me knowing I was right."